Cal. FIN § 12301
This is the official text of Cal. FIN § 12301, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.
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Official statutory text
A licensee may establish branch offices or agencies if it is qualified under the provisions of Section 12205 and if it expressly assumes responsibility for the acts of any person selling checks, drafts, or money orders for the licensee or accepting money in its name or on its behalf at such place of business. There shall be posted in a prominent place in each branch office or agency a sign stating that the place of business is a branch office or agency of the licensee. The licensee is responsible for the acts of any person selling checks, drafts, or money orders or accepting money in its name or on its behalf.
Status: in_force · Read it on the official government site
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